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Question-of-Balance
Mar 12, 2019 1:15 AM UTC
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Sales tax exception report

Re:  Sales tax exception report exists after hst filed.    How do I fix, without the same transactions getting posted to next period, or can I do that. 

Can anyone explain a little more clearly this report?

    arkvalleyinfoAnswer
    Mar 12, 2019 1:15 AM UTC

    There is nothing to fix.

    The Sales Tax Exception report identifies transactions that are dated in a prior tax-reporting period but were entered after the return was filed (in QB) for that period.  These transactions will automatically be included in the next return,


    If you don't like that, you have these alternatives:

    - Never post back-dated transactions.

    - Submit an amended return for the prior period.

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    27 replies

    arkvalleyinfoAnswer
    Mar 12, 2019 1:15 AM UTC

    There is nothing to fix.

    The Sales Tax Exception report identifies transactions that are dated in a prior tax-reporting period but were entered after the return was filed (in QB) for that period.  These transactions will automatically be included in the next return,


    If you don't like that, you have these alternatives:

    - Never post back-dated transactions.

    - Submit an amended return for the prior period.

      Question-of-BalanceAuthor
      Mar 12, 2019 1:15 AM UTC
      Thanks, that is just what I needed to know!
      tracyberge69
      Oct 17, 2023 6:52 AM UTC

      The sales tax exception reportis a financial report that identifies transactions that had exceptions or discrepancies related to sales tax after the HST (Harmonized Sales Tax) filing. It is generated to help identify and rectify any issues with sales tax calculations or reporting.
      To fix the exceptions without the same transactions getting posted to the next period, it is important to analyze the report and understand the nature of the exceptions.

      tracyberge69
      Oct 17, 2023 6:54 AM UTC

      Regarding whether the same transactions can be posted to the next period, it depends on the specific accounting system or software you are using. In general, it is recommended to avoid carrying over incorrect transactions to the next period, as this can lead to further discrepancies and complicate financial reporting. However, the exact process for handling this situation may vary based on your specific accounting practices and the capabilities of your software. Donkey Kong

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